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Thursday, December 01, 2022 9:41:23 AM
Below is the recent "communication" from the booby board. It's from Jake The Magic Wand, who periodically calls PT and always comes back with positive and upbeat prognostications, followed by the obligatory "thank you PT". He has been lied to by PT probably more than any other poster, but still resolutely abides in his fantasy world.
I understand he is diligently working with an interested party. I wouldn’t count anything out at this point. He’s still as active as anyone a generation younger than he is. He is never idle for lack of projects to keep himself busy. Mexus owns some extremely valuable property. Apparently, Paul has stepped aside from bringing properties to fruition through his own personal efforts ?? By no means does that void some very deep pockets from developing the properties into very profitable revenue streams. No doubt he is now willing to step back and lets folks with mega-bucks come in and rule the roust - he would still reap a fortune - albeit, quite a bit smaller than he initially had intended. He has a good sized family he would love to see setup for the rest of their lifetimes. Regardless of his age, he is still young at heart. Old codgers don’t get “old” from lack of dreams and ambitions. Sometimes they can surprise you.
And then, this absolute doozy, where the fact that there are no new notes implies that PT is cleaning up the books in order to get us the best value in a sale or JV. Astonishing naivete (as well as poor financial analysis):
Actually, no new notes in the Quarterly. Exactly what any entertaining a joint venture would expect - clean books. Most suitors would want housekeeping issues “clean” before inking anything. Further, I’ve herd rumors that past potential suitors wanted to strip shareholders of any/all their shares. Paul has told me any deal(s) would have to take shareholders into account. So….I absolutely disagree with your take!
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